全球智库信息集成服务系统(G2TT): DP11393 Sources of Change in the Life-Cycle Decisions of American Men and Women: 1962-2014

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP11393
	DP11393 Sources of Change in the Life-Cycle Decisions of American Men and Women: 1962-2014
	Zvi Eckstein; Michael Keane; Osnat Lifshitz
发表日期	2016-07-15
出版年	2016
语种	英语
摘要	We study life-cycle decisions of five cohorts of American men and women born from the 1930s to the 1970s in a unified econometric framework applied to CPS data. The men and women in our model make individual decisions when single, joint decisions when married, and interact in a marriage market. Our model succeeds in explaining differences across cohorts in several key endogenous variables (i.e., education, work, marriage/divorce and fertility). We explain these changes using shifts in five exogenous factors: parental education, the distribution of potential partners, divorce laws, the wage/job offer distribution, and birth control technology. A major change between the 1935 and 1975 cohorts is that the female “marriage wage premium” rose from -10% to +7%. We find that changes in the selection of women into marriage explain 75% of this change. Married women of recent cohorts have much higher observed and unobserved skills compared both to unmarried women and the married women of past cohorts.
主题	Labour Economics
URL	https://cepr.org/publications/dp11393
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/540207
推荐引用方式 GB/T 7714	Zvi Eckstein,Michael Keane,Osnat Lifshitz. DP11393 Sources of Change in the Life-Cycle Decisions of American Men and Women: 1962-2014. 2016.